Private Limited Company Registration In Pune

A Private Limited Company is a Professional form of company registration which requires a minimum two directors and is to be registered with the Ministry of Corporate Affairs (MCA) and under The Company Act 2013. This form of the company is most preferred by investors. If you plan on startup and you are expecting investors or Venture Capital VC, then Private Limited Company in Pune is the best option for you as it is easy to manage and the most popular. If you are registering a private limited company then you need a unique name as, if the company name you choose and is already registered in the same line of business then you have to change the name of the company and then apply for registration means unless and until the name is unique you cannot get the registration of a private limited company. There cannot be two companies in the same line of business with same or very similar names. The same or similar name will be rejected by the MCA and the applicant will be asked to provide new names.

Why choose Private Limited Company?

Private Limited is the most popular form of business registration, providing benefits like limited liability, perpetual succession, easy transferability, dual relationship, easy funding, brand building, trust building, good employees, professional setup, Ease to do business with multinational and international companies etc.

Why not choose Private Limited Company?

Pvt Ltd has to annually comply with certain ROC requirements like doing Board meetings, Annual General Meetings, ROC filings, Maintaining Minutes of Meetings and Statutory register etc. This increases the cost as well as efforts. Proprietorship or Partnership Firm does not have to maintain the above compliances. Pvt Ltd has a bit more compliances then LLP too.

While registering a company name under private limited company you need a Key name, Activity name, and Suffix which is Pvt Ltd. A company name hence has to be mandatorily be in 3 parts e.g ENVIZI (key name) BUSINESS SOLUTIONS ( activity name ) PVT LTD (Suffix) or LLP (Suffix) or Ltd ( Suffix). After registering a private limited company once you get the Certificate of Incorporation then you can apply for the corporate bank account and GSTIN. The Private limited company is a separate legal entity means the liability of the directors is limited to their investment only. For example, a private limited company has taken a loan from any bank but unfortunately, fail to pay back due to loses or any other unexpected reasons, the directors are not directly held responsible for the defaulter because the company has its own separate legal entity.

A private limited company can only dissolve with mutual consent of the directors. In a private limited company, the minimum capital must be 1 lakh rupees and an annual audit is mandatory, there is no obligation for these terms. This is the most popular form of company registration in India. Private Limited Company in Pune has higher compliances as compared to LLP and OPC.

Steps for Private Limited Company Registration in Pune

Advantages of Private Limited Company

Limited Liability

Limited Liability is the biggest advantage of Private Limited Company. The shareholders and members have limited liability protection it means that only the assets of the business are at risk and not your personal accounts and property. Unlike Sole Proprietorship and Partnership Firm, in Private Limited Company you can limit the risk of personal assets.

Borrowing Capacity

A company can borrow funds through bank loans, Investors, Venture capital, Brand Funding and various wide options available for the company format.

Dual Relationship

In the company directors and shareholders have dual relationship means at the same time a person can be a shareholder, director, employee, client, supplier etc. of the company.

Long Time Existence

A Private Limited Company has an uninterrupted existence. Means a private company is a seprate legal entity and cannot be affected by death or non existance of any member.

Tax Saving

Along with salary company also pay dividends to its shareholders and dividends have less tax deduction as compared to salary and this is the big advantage for shareholders.

Minimum Requirement of Directors

Only two directors are required to incorporate a Private Limited Company. This is an opportunity for entreprenures to set up their own business.

Seprate Entity

The Private limited company is a separate entity means the liability of the directors are limited to their investment only for example private limited company registered by two directors and each of them have 2.5 lakh investment and because of some reason company have a liability of 10 lacs in that situation each director is liable up to 2.5 lakh only. A private limited company has a separate entity will have a separate name separate location and separate PAN card also.

Easy Transferability Of Shares

One Director or Shareholder can easily transfer the rights and authorities to other or new Directors and Shareholders.

Ease Of Raising Funds

Funding is necessary for starting, maintaining, and growing a business.Private Limited Company can issue shares and have the ability to attract funding from any source.

Owning Property

Private Limited Company itself is the owner of company. Thats why noone can make any claim upon the property of the company.

Compare your Options

Why Choose Us

Envizi offers you a vast range of company registration services in Pune that you need for establishing and running your business. We serve our clients with high-quality services and strive to build and develop a long-term customer relationship with our clients. We always focus on satisfying our client’s demands and even advise and suggest better options as per our experience. There are many consultants in the market offering company registration services but we give you the best solution for all your business registration needs by analyzing, judging and probing your future and present requirements and then offering you the best possible solutions rather than just completing the job. Here we stand apart from others. We have so many returning customers for varied compliance services required post company incorporation. We help save your time and money. Register your company with no hassle with Envizi and feel the difference.

Our Services

Public Limited Registration in Pune

Public Limited Company is a separate legal entity whose shares can be offered to the general public. In Public Limited Company minimum seven members are required to incorporate a public company.

OPC Registration in Pune

This is for individuals who are doing the business alone but want to register company formerly and wants to take benefits of Private Limited then OPC is the best choice.

LLP Registration in Pune

The Limited Liability Partnership is a formal form of company registration with minimum 2 partners and to be registered with the Ministry of Corporate Affairs of India.

Frequently Asked Questions

How to register a Private Limited company in Pune?

Toggle content goes here, click edit button to change this text.

What are the minimum requirements to register a Private Limited Company?

Toggle content goes here, click edit button to change this text.

Can I convert a Private Limited Company to a Proprietor?

Toggle content goes here, click edit button to change this text.

What is the capital required to start a Private Limited Company?

What is the capital required to start a Private Limited Company?

Can I open my own private limited company while working in other Private Limited Company as an employee?

Can I open my own private limited company while working in other Private Limited Company as an employee?